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APPENDIX B

36 • Isle of Man Financial Services Authority Annual Report 2016/17

Mark Waterhouse

Mark Waterhouse was appointed in November 2015. He held a number

of key positions in banking including Managing Director of Halifax

International (Isle of Man) Limited and Managing Director of Halifax

International Limited in Jersey. He is currently CEO of Zurich Bank

International Limited which is part of the Zurich Insurance Group.

Since moving to the Isle of Man in 1997 Mark has been an active member

of the Isle of Man Bankers Association and until October 2015 held its Presidency, a position

he held for four and a half years, having previously held the same position in 2000. He is also

currently President of the Isle of Man Centre of the The London Institute of Banking and

Finance and is a Fellow of the Institute of Directors, currently serving on the Committee of its

local branch.

Paul Wright

Paul Wright was appointed to one of the predecessor organisations

in May 2012. He spent most of his career with the Bank of England

where, among other roles, he had supervisory responsibility for global

institutions. He was alternate Executive Director at the International

Monetary Fund in the early 1990s. He worked in the UK Financial Services

Authority for 10 years where he oversaw supervision of the major

overseas institutions in the UK and subsequently had responsibility for global and EU strategy.

Until 2012 he was Senior Director at the Institute of International Finance in Washington DC.

Paul was the CSFI/Swiss Re Fellow in global insurance issues and currently advises a number of

supervisory bodies on supervisory practice internationally.